Computer Modelling Group Ltd. (CMG) Director Kenneth Michael Dedeluk Buys 3,000 Shares

Computer Modelling Group Ltd. (TSE:CMG) Director Kenneth Michael Dedeluk bought 3,000 shares of Computer Modelling Group stock in a transaction on Thursday, December 6th. The shares were purchased at an average cost of C$6.05 per share, with a total value of C$18,150.00.

Kenneth Michael Dedeluk also recently made the following trade(s):

  • On Thursday, November 29th, Kenneth Michael Dedeluk bought 2,000 shares of Computer Modelling Group stock. The shares were purchased at an average cost of C$6.52 per share, with a total value of C$13,040.00.
  • On Friday, November 16th, Kenneth Michael Dedeluk bought 3,000 shares of Computer Modelling Group stock. The shares were purchased at an average cost of C$6.80 per share, with a total value of C$20,400.00.
  • On Monday, November 19th, Kenneth Michael Dedeluk bought 3,000 shares of Computer Modelling Group stock. The shares were purchased at an average cost of C$6.60 per share, with a total value of C$19,800.00.

Shares of TSE:CMG traded up C$0.17 during trading on Friday, reaching C$6.20. The company had a trading volume of 123,800 shares, compared to its average volume of 95,053. Computer Modelling Group Ltd. has a twelve month low of C$5.92 and a twelve month high of C$10.44.

Computer Modelling Group (TSE:CMG) last issued its quarterly earnings results on Tuesday, November 13th. The company reported C$0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.06. The company had revenue of C$17.94 million during the quarter, compared to analyst estimates of C$18.34 million. Equities analysts forecast that Computer Modelling Group Ltd. will post 0.209999987477065 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, December 14th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.45%. The ex-dividend date is Wednesday, December 5th. Computer Modelling Group’s dividend payout ratio is currently 117.19%.

CMG has been the subject of a number of research analyst reports. Canaccord Genuity reduced their price target on shares of Computer Modelling Group from C$9.50 to C$8.00 in a research note on Wednesday, November 14th. Industrial Alliance Securities raised shares of Computer Modelling Group from a “hold” rating to a “buy” rating and reduced their price target for the stock from C$10.50 to C$10.00 in a research note on Friday, August 10th. BMO Capital Markets reduced their price target on shares of Computer Modelling Group from C$13.00 to C$11.00 and set an “outperform” rating for the company in a research note on Thursday, November 15th. Finally, Royal Bank of Canada reduced their price target on shares of Computer Modelling Group from C$8.00 to C$7.00 and set an “underperform” rating for the company in a research note on Friday, August 10th.

TRADEMARK VIOLATION WARNING: This piece of content was originally published by XNewsPress and is the sole property of of XNewsPress. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The correct version of this piece of content can be accessed at https://xnewspress.com/news/2018/12/08/computer-modelling-group-ltd-cmg-director-kenneth-michael-dedeluk-buys-3000-shares.html.

About Computer Modelling Group

Computer Modelling Group Ltd., a computer software technology company, develops and licenses reservoir simulation software in Canada. The company offers CMOST AI, an intelligent optimization and analysis tool that offers solution for its reservoir by combining statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary oil recovery processes in conventional and unconventional oil/gas reservoirs; GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling; STARS, a thermal and processes reservoir simulator for the modelling of steam, solvents, air, and chemical recovery processes; and CoFlow, a reservoir and production system modelling software that allows reservoir and production engineers to collaborate on the same asset.

Featured Story: What are the economic characteristics of a bear market?

Insider Buying and Selling by Quarter for Computer Modelling Group (TSE:CMG)

Receive News & Ratings for Computer Modelling Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Computer Modelling Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply